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The enforcement action over wagers on sports event contracts followed Coinbase announcing the launch of prediction markets in all 50 US states.The Nevada Gaming Control Board announced that it had filed a civil enforcement action…
Key takeaways:Monero (XMR) surged past the $500 mark for the first time since its peak in May 2021.The privacy-focused cryptocurrency briefly touched $500.66 after rising more than 6% on Sunday and 20% over the past week. That brought it closer…
First HoldCo Plc has announced the appointment of new members to the boards of directors of some of its subsidiaries. The financial services group stated in a regulatory filing that the move followed receipt of regulatory approvals from the Securities…
The Nigeria Deposit Insurance Corporation has recovered an additional N24.3bn from the assets of the defunct Heritage Bank Limited to facilitate the repayment of depositors with balances exceeding N5m at the time the bank’s licence was revoked. This was disclosed…
Bitcoin (BTC) faces a “do-or-die” price point if 2026 becomes a classic bear market year.Key points:Bitcoin four-year price cycles and bear markets remain relevant, the latest power law analysis says.2026 may see a BTC price support showdown with $65,000 as…
Inquiries about whether pensions can be paid in crypto have become one of the most frequent non-standard requests received by the Social Fund of Russia, a state-run institution responsible for managing Russia’s public pension system.In 2025, the Social Fund’s call…
CryptoQuant founder Ki Young Ju has criticized X for suppressing crypto-related posts while failing to rein in a surge of automated spam, arguing that the platform is punishing legitimate users instead of addressing the underlying bot problem.In a Sunday post…
Tennessee’s sports betting regulator has ordered prediction market platforms Kalshi, Polymarket and Crypto.com to halt the offering of sports event contracts to residents of the state.In cease-and-desist letters dated Friday, the Tennessee Sports Wagering Council (SWC) accused all three platforms…
Jan3 founder Samson Mow anticipates billionaire investor and Tesla CEO Elon Musk will aggressively move into Bitcoin in 2026.It was one of five bold Bitcoin (BTC) predictions from Mow for 2026, coming off a year where several Bitcoin forecasts from…
The Transmission Company of Nigeria, in partnership with the African Development Bank and the Federal Ministry of Finance, has conducted a sensitisation programme for Project Affected Persons on the proposed reconstruction and upgrade of the Alaoji–Onitsha 330kV Single Circuit Transmission…
The Federal Government has proposed spending a total of N33,906,953,400 on the rehabilitation and upgrade of airports, runways, aprons, terminals, perimeter fencing, and safety-critical systems across the country in the 2026 fiscal year. The budget document shows that the funds…
Ethereum’s declining social media sentiment is mirroring levels similar to those seen before its 2025 price rally, which eventually pushed the asset back to its 2021 all-time highs, according to a crypto sentiment analyst.“Ethereum is actually way down, this would…
In this interview with SAMI TUNJI, the Managing Director/Chief Executive Officer of Galaxy Backbone, Prof. Ibrahim Adeyanju, explains how the company is evolving from a government digital infrastructure provider into a full-fledged digital solutions firm, in line with the Federal…
Consumer goods and banking stocks have been highlighted as drivers of opportunities in the Nigerian capital market. This projection was made by the Head of Equities and Alternative Solutions at First Asset Management, Laura Fisayo-Kolawole, at the Nigeria Economic Outlook…
Nigeria plans to channel $460m, representing about 92 per cent of a $500m World Bank loan, into the capitalisation of a proposed fibre infrastructure company set up to deploy 90,000 kilometres of climate-resilient broadband fibre across the country. This is…
Electricity distribution companies funded only 90,172 meters nationwide between 2019 and the third quarter of 2025, according to the Nigerian Electricity Regulatory Commission’s Third Quarter 2025 report, underscoring their limited contribution to closing Nigeria’s widening metering gap. This indicates that…
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